Please note that this is an informal offer, not a legally binding contract. In Queensland, a contract is essential to formal acceptance of an offer. The seller will review the conditions and price outlined in this form and, if mutually acceptable, then a contract will be prepared for formal acceptance. In submitting this offer, you undertake to enter into a legal and enforceable Contract of Sale as approved by the QLD Law Society and REIQ, once mutually agreeable terms are reached.